peter_thiel

Is XPL really USDT's favorite child?

Because their finances do not need to be disclosed, it is indeed impossible to determine how much B Network has invested.
However, it is certain that the executives of B Network are the bosses of Tether, and AI estimates that their share is quite large, plus they are indeed leading the investment.

However, at first, it might be misunderstood as a personal investment amount of 50,000 USD, which is a bit confusing.
It's like I invested 2,000 USD in a certain project, which feels strange—however, if my company has also invested 30 million USD,

perhaps there is no need to be entangled in why an individual is investing another 2,000 USD, is it to secure a name for easier company presentation? Implying "is this project from us at Tether?"

XPL is very powerful

Currently, from the market and comprehensive information, the market has recognized that Tether has created two chains, one is STABLE, aimed at institutions, and the other is PLASMA, aimed at small payments or retail investors. The former is led by B Network, with Tether's BOSS as an advisor; the latter has very little personal investment, but one of the investors is the big shot Peter Thiel, suspected of being related to these resources. He has only invested in a few projects in the crypto space, one of which is PLASMA, along with other well-known projects like ARKM and RSR.

Since Tether and B Network are not publicly listed, they do not need to disclose many details, and the specific connections can only be guessed.
I used AI to make a guess: B Network led the investment in STABLE, and considering the financing is in the tens of millions, B Network's investment in STABLE and PLASMA is likely at the level of tens of millions of dollars.

Then, in B Network's shares, the two Tether BOSS's guess (since there is no public information, it can only be guessed) is that they should hold a significant portion, a larger ratio. Thus, B Network invested in stablecoins specifically for Tether, believing that Tether not doing a public chain has its reason - because the projects they invest in, even if there are compliance risks, are not directly related to Tether, but both profits and business serve USDT.

If what is mentioned above is reasonable, then Tether is valued at 500 billion, and the market assigns greater narrative and valuation to this tens of billions public chain is also reasonable. Because TRX's market value is in the hundreds of billions, mainly relying on the stablecoin business, while PLASMA's banner is actually to reclaim this business and profits. I think Tether has a chance if they go for it because Tether is very profitable. They could, for example, learn from CRCL, share a portion of the profits with the PLASMA chain, such as offering a 4% yield on the chain (currently their card offers 4% cashback on stablecoin spending, with a 10% yield, covering 150 cities), then the scale would rapidly grow, and once the TVL above increases, the market will gradually shift.

After issuing coins, there are 1.2 billion in deposits in the lending vault.

#XPL $XPL

Currently, #XPL has been online for the first day (less than 24 hours), with a trading volume of 1.5 billion USD. Despite significant selling pressure, it was completely absorbed, and the buy orders pushed it up to 1.33, this is the CRCL of the crypto world.

Comparison of new coin trading volumes during the same period:
0G's first day was 69 million
AVNT was 200 million
BARD was 160 million

Only the skyrocketing ASTER reached 300 million
But this trading volume is 1.5 billion???!!

Last night I tried shorting a few times at 0.9 but realized it was not right and closed my position. Before sleeping, I bought some spot, which was not bad.

$XPL

Brothers, I have run away,
There is no banquet that does not come to an end,
This feast has already reached its final moment,
The delicacies have long been consumed,
Only the remnants are left, a scene of devastation.
The wise have already eaten their fill and quietly left,
You, still unwilling to leave, are slow to realize,
Clanging your bowl with chopsticks,
Imagining and anticipating the next delicious and sumptuous main course,
In the end, what awaits is the hefty bill for this feast,
Someone always has to pay for the feast, and this time it’s you who pays!

SBF is actually very regrettable. A few years after FTX collapsed, the legal team made a fortune from the liquidation funds, while users actually received compensation. In these two years, SBF's various investments and holdings have multiplied many times over.

If FTX hadn't collapsed, SBF's net worth should have increased by more than 10 times by now.

Unfortunately, there are no ifs. From a giant to being suddenly fragmented, everything happened too fast. By the time he comes out, the world has already changed its appearance.

Six months before Buffett was attacked at the World Trade Center, he realized that large-scale terrorist attacks were a "non-zero probability," especially for high-rise buildings and landmark targets. He therefore seriously reminded his insurance companies not to renew related insurance policies, but one company did not take it seriously and ultimately paid out $2.4 billion.

Recently, at Charlie's memorial service, Musk's appearance was extremely eye-catching and shocking; he truly is a light for America and even humanity. The appearance of other tech moguls was very rare, which led to some inexplicable concerns. In such a somewhat chaotic place, the appearance of a fool wanting to attack Musk is also not a "non-zero probability." I sincerely hope old Elon lives to 150 years old.

This time many hair-pulling people may die on $0G. This project is a fighter jet among trash for hair-pulling people. It's so expensive, why not short it?

But if they short it just because the project is trash, it will be very painful. Currently, the funding fee collected every hour has been raised to a maximum of 16 at South Korea Exchange and 7 at Binance.

The extremely high-controlled demon coin, following the same pattern as MOVE and TIA, will pose a significant challenge to the air force. Currently, South Korea Exchange ranks first in trading volume.

Let's watch a good show.

$0G is it 10U or 1U online?

There are significant differences in the project, some people see 1U, while others see 10U.
Some key information:
1. The team's financing is enormous
2. Before the token is issued, a stock company has already been established in the US to buy tokens
3. The initial circulation is just over 20%, but the actual circulation in the hands of retail investors is very low, with a total selling pressure of only 30,000,000 to 50,000,000 USD.
4. It is listed on all major exchanges.
5. It has a similar background to $TIA, but with a smaller circulation.

Little Black is so rich now that he shouldn't need to sell himself and come to say it can increase by 126 times, right?

Of course, he explained that starting from November, there will be a huge unlock of HYPE every month (about 8 times the daily buyback pressure), so he sold temporarily, but he is optimistic in the long run.

HYPE has entered a situation of token selling pressure + external competition, but he is still optimistic that JEFF will win the competition in the long run.

The moat is built through effort.

Bitcoin will surpass gold and rise 10 times, this is faith.
Surpassing requires a long time and huge fluctuations, this is reality.

Regarding the selling pressure of HYPE
Starting from November, the unlocking is linear. Based on the current price of 45U, the expected daily equivalent selling pressure will reach 17.3 million USD. If the repurchase amount is 2 million USD/day (sometimes higher than this, sometimes lower than this), the selling pressure is equivalent to 8.6 times the daily repurchase capacity of the project assistance fund.

To assess the level of investment, one standard is to see whether one feels anxious about others making money; if not at all, then one might have some skills.

When OKB was doing well, Xu Mingxing quickly warned of risks, urging everyone not to speculate.

After the listing of ASTER, CZ fervently supported it from various angles like signing KOLs, even buying into his own wallet to show support.

$OKB came to a sudden stop, while $ASTER took off instantly. Which one do you prefer?

I chatted with a friend for a while in the morning. He said he missed the $aster and hasn't gotten on the train yet. Then he saw me chasing high at 0.8, thought I must have definitely reversed, and planned to buy the dip on the way down, but there was no chance as it kept going up.

At noon, he couldn't even eat, saying that if it keeps rising, he plans to go in heavily and if he dies, so be it. He said he sees others making hundreds of thousands, and it's too painful. He decided to go all in; he doesn't believe that if he goes in, it won't rise anymore.

Group friend: "Living without aster is like a joke"

😂

ASTER is the CAKE for this round?
What was the CAKE like for the previous round?

Which stage are you in?

A group friend said something that makes people feel helpless:
"Tesla's holding experience is better than HYPE"

Very real, I agree. Not to mention that $HYPE is still the strongest project in the crypto world... from over 30 to 9, and then from 9 to over 50.

However, from another perspective, the high volatility in the crypto world is full of opportunities, it's just a matter of identifying what is a good project.

Writing also comes with a salary. Weekly income can reach 0.43U, totaling 1.72 dollars a month, equivalent to 12.04 yuan. Steamed buns cost 0.2 each, allowing the purchase of 60, eating 3 a day, which lasts for 20 days, and not eating anything on weekends, resulting in a monthly food expense of this amount.

When it's really time to sell, you don't want to sell at all.

When it's really time to buy, you don't want to buy at all.